Latest Crypto News

Markets

Analysts see more upside for SpaceX as post-IPO research begins

Major brokerages initiated coverage on Tuesday with mostly buy ratings following the company's $75 billion June IPO.

(Tomas Eidsvold/Unsplash)

Markets

Vanguard opens search for digital assets leader in sign of evolving crypto strategy

The new role would oversee tokenization, stablecoins and blockchain initiatives as Vanguard reassesses digital assets.

(Piotr Swat/Shutterstock)

Markets

AI trade loses steam as infrastructure boom faces reality check

Record earnings, rising competition and concerns over slowing AI spending are forcing investors to reassess one of the market's biggest trades.

DRAM ETF (TradingView)

Finance

EDX Markets raises $76 million in funding round led by SBI Holdings

EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)
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Finance

Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Markets

Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification

SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past 2 million.

Japanese flag (Shutterstock)

Finance

Coinbase secures UK authorization to offer traditional investments alongside crypto

The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.

Coinbase (appshunter.io/Unsplash)
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Markets

Bitcoin stalls as open interest decline raises questions about rally's staying power

BTC retreated from a two-week high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July's 8.4% advance.

Bitcoin price (CoinDesk Data)

Markets

Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play

The product, called BTC Yield, is designed exclusively for people who already hold bitcoin.

Binance

Markets

Bitcoin's recent macro relief faces a challenge from Japanese interest rates

Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets.

Trading prices displayed on a monitor screen.( AhmadArdity /Pixabay)

Tech

live

Live markets: Bitcoin trying to hold $63,000 as AI favorites plunge on Tuesday

Spot bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, an eighth straight week of negative flows.

List of prices with up/down arrows and percentage change (geralt/Pixabay)
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Markets

BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began selling.

A BONK ad in Salt Lake City (Danny Nelson/CoinDesk)

Markets

XRP stalls near $1.14 as breakout attempt struggles for volume

Buyers defended the session lows and pushed XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13-$1.14.

(CoinDesk Data)

Markets

Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale

The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold off again.

Bull and bear (Shutterstock)

Policy

Bitcoin's U.S. reserve still a work-in-progress as federal agencies hash it out

The White House says it's still evaluating the "best structure" for the federal fund to hold bitcoin as a long-term reserve and a separate stockpile of other crypto assets.

The latest crypto poll seeks to make the case that some voters have single-issue love for crypto as the race for the White House and Congress near an end. (Jesse Hamilton/CoinDesk)
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